Marshall Wace LLP Takes Position in SuRo Capital Corp. (NASDAQ:SSSS)

Marshall Wace LLP acquired a new stake in SuRo Capital Corp. (NASDAQ:SSSS) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 78,455 shares of the company’s stock, valued at approximately $461,000. Marshall Wace LLP owned about 0.33% of SuRo Capital at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Choreo LLC raised its position in SuRo Capital by 16.6% in the fourth quarter. Choreo LLC now owns 19,380 shares of the company’s stock worth $117,000 after acquiring an additional 2,764 shares in the last quarter. HB Wealth Management LLC purchased a new stake in SuRo Capital during the fourth quarter worth about $65,000. Gamco Investors INC. ET AL increased its holdings in SuRo Capital by 5.9% in the fourth quarter. Gamco Investors INC. ET AL now owns 210,750 shares of the company’s stock valued at $1,239,000 after buying an additional 11,750 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SuRo Capital by 8,025.0% during the 4th quarter. JPMorgan Chase & Co. now owns 13,000 shares of the company’s stock valued at $76,000 after acquiring an additional 12,840 shares during the period. Finally, Legato Capital Management LLC purchased a new stake in shares of SuRo Capital during the 4th quarter worth approximately $82,000. 12.95% of the stock is owned by institutional investors and hedge funds.

SuRo Capital Stock Up 1.9 %

Shares of NASDAQ:SSSS opened at $4.86 on Friday. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $114.46 million, a P/E ratio of -2.57 and a beta of 1.61. SuRo Capital Corp. has a 52-week low of $3.52 and a 52-week high of $6.83. The stock’s fifty day simple moving average is $5.16 and its 200-day simple moving average is $5.42.

Analyst Ratings Changes

A number of analysts have commented on SSSS shares. Barrington Research reiterated an “outperform” rating and set a $8.00 target price on shares of SuRo Capital in a research report on Tuesday, April 8th. Citigroup reissued an “outperform” rating on shares of SuRo Capital in a research note on Wednesday, March 12th.

About SuRo Capital

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.